How much was lost in the Massive Phishing hack?

The Massive Phishing hack resulted in $12.9M in losses on January 24, 2024.

What attack technique was used in the Massive Phishing exploit?

The Massive Phishing exploit utilized Phishing. Understanding this attack vector is critical for smart contract auditors and developers building secure DeFi protocols.

How can developers prevent similar smart contract attacks?

Preventing smart contract hacks requires a combination of secure coding practices, thorough security audits, and understanding common attack vectors like reentrancy, oracle manipulation, and access control flaws. Smart Contract Hacking (SCH) provides hands-on training to help developers and auditors identify and prevent vulnerabilities before deployment.

Massive Phishing Hack

TOTAL LOST $12.9M

High Jan 24, 2024 Phishing

Affected Chain 2024 Incident surface

Recovered - No recovery reported

All-Time Rank #277 By amount stolen

Protocol Type Exploit/Phishing Target category

Incident Overview

Quick Summary

Massive phishing attack on Jan 23, 2024, resulted in a loss of 12,917,552 USD worth of various assets including ETH, SUPER, and aEthWETH from several victims.

Details of the Exploit

A series of phishing attacks occurred in a short period of time, involving four different attackers who targeted and drained users' funds. There were five separate incidents in this massive phishing attack. The attackers created malicious contracts and transactions on both Binance Smart Chain and Ethereum networks, successfully stealing a significant amount of assets from multiple victims.

Block Data Reference

Binance Smart Chain:

Attacker Address:

https://bscscan.com/address/0x0000db5c…e70000

Malicious Contract Address: https://bscscan.com/address/0xCdF11c57…703C65

Malicious Transaction: https://bscscan.com/tx/0x400b7583…50daed

Ethereum:

Attacker Addresses:

https://etherscan.io/address/0x0000db5c…e70000

https://etherscan.io/address/0x0000f0D3…430000

https://etherscan.io/address/0xbA8BA758…05C0e6

Malicious Contract Addresses:

https://etherscan.io/address/0xed0e416e…b60572

https://etherscan.io/address/0xA0BE9b05…3BDEa9

Malicious Transactions:

https://etherscan.io/tx/0x93a0ce07…0c2f09

https://etherscan.io/tx/0xb3c61712…e00de2

https://etherscan.io/tx/0xb5f03259…a162a0

https://etherscan.io/tx/0xa8d0ac9c…5a6523

This is classified as a Phishing Attacks . Compare similar hacks →

Incident Report

Protocol / Project Massive Phishing

Date of Incident January 24, 2024

Attack Technique Phishing

Classification Other

Primary Source View Post-Mortem

Protocol Information

Protocol Type Exploit/Phishing

Team Anonymous

Source Code Unverified

What the Attacker Needed to Succeed

Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.

Technical Knowledge Deep understanding of phishing and Solidity and EVM internals

Capital Required Seed capital to cover gas and initial position setup

On-Chain Access Ability to interact with smart contracts and deploy a custom exploit contract

Protocol Analysis Identification of the exploitable vulnerability in Massive Phishing's contract logic - root cause: other

Execution Speed Precise transaction ordering and timing to exploit the vulnerability within a single atomic block

Obfuscation Plan A strategy to launder and move stolen funds - typically through mixers, cross-chain bridges, or decentralized DEX swaps to resist tracing

What Auditors Should Check

Could this have been caught in audit? Likely — with a thorough Phishing audit checklist and test coverage

If you're auditing a protocol with similar architecture to Massive Phishing, these are the critical security checks that could have prevented this incident (January 2024).

Verify all logic paths related to Phishing are guarded by proper access controls and input validation - see the Phishing Attacks attack class for patterns
Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs

Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.

Free Trial

Related Attack Classes

The technique used in this hack maps to these vulnerability classes in our security curriculum:

See all Phishing Attacks examples →

Phishing Attacks

Sources & References

01
Source 1 https://twitter.com/realScamSniffer/status/1750874583144824983

Threat Assessment

Severity Level

HIGH

Attack Vector Phishing
Root Cause Other
Year 2024

Learn to Prevent the Next Massive Phishing

The Massive Phishing hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.

Start Free Trial Browse Attack Library